European Parliament Subcommittee On Tax Matters
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European Parliament Subcommittee On Tax Matters
The Committee on Economic and Monetary Affairs (ECON) is a committee of the European Parliament which is responsible for the regulation of financial services, the free movement of capital and payments, taxation and competition policies, oversight of the European Central Bank, and the international financial system. Since the establishment of the Economic and Monetary Union (EMU), one of the most important function of this committee has been the oversight of the European Central Bank (ECB) through the "monetary dialogue". Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee. Every three months, the President of the ECB, or occasionally another member of the ECB's executive board, appears before the Committee to report on monetary policy and answer question from MEPs. These proceedings, usually called the "monetary dialogue", are webstreamed and a transcript is made available ...
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Committees Of The European Parliament
The committees of the European Parliament are designed to aid the European Commission in initiating legislation. Standing committees are made up of Members of the European Parliament (MEPs), who are directly elected to the seats in the European Parliament by the electorate. Each committee has a chairman and four vice-chairmen, along with numerous committee members. Each committee also has substitute members. Reports are usually compiled by a rapporteur, who is appointed by the chairman of the committee, selected from amongst the members or permanent substitutes. Appointment The established system for the appointment of committee chairs follows the D'Hondt method. Legislative reports In the process of proposing and drafting legislation, the European Commission will consult the various standing committees during the codecision procedure, and these committees will advise the commission by producing reports, proposing amendments to the draft legislation, and providing, if necessa ...
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Peter Simon (politician)
Peter Simon (born 4 April 1967) was Member of the European Parliament (MEP) representing Germany from 2009 until 2019. Personal background After studying law at the Ruprecht-Karls-University in Heidelberg Peter Simon started as a lawyer at the Legal Affairs Office of the City of Mannheim, where he managed legal proceedings on behalf of the city administration. In 1996 he became a personal and legal advisor to First Mayor Norbert Egger, where he developed structured EU funding applications, set up and headed the working group on the introduction of the euro and carried out coordination work within the city administration . From 1999 to 2007 he established and managed the European Affairs Office of the City of Mannheim and was responsible for submission of applications for and organisation of EU-funded projects, the implementation of EU rules in the area of administration and municipal holdings, the external representation of the city administration, e.g. in the Council of Eu ...
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European Sovereign-debt Crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states (Greece, Portugal, Ireland, Spain, and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF). The eurozone crisis was caused by a balance-of-payments crisis, which is a sudden stop of foreign capital into countries that had substantial deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared currency. Debt accumulation in some eurozone members was in part due t ...
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